Apple Today - 05/14/2015 (AAPL)
seymour_greenz • May 14th 2015 03:00:00 AM
Good morning,
NASDAQ Futures are up over 35 points with a nice positive Fair Value of 36. DOW is up nearly 120 points. We saw a nice AAPL whip up open yesterday followed by the steady, familiar dirty bot selling sawtooth pressure pattern, ending under in a quick burst under 126 which subsequently triggered an AAPL Power Trade buy.
Today in premarket AAPL is pushing up steadily and currently up $1.44 to 127.45. Today is AAPL divvy payday.
Max Pain currently reads 126 and Max Profit weighs in at 127.5 +/-1.5.
The talk of the morning is of the interplay of bond yields, interest rates and potentially lofty equity valuations.
http://www.ft.com/intl/cms/s/0/b0bd7c22-fa0d-11e4-b432-00144feab7de.html#axzz3a70kIlzZ
Today's economic calendar:
8:30 Initial Jobless Claims
8:30 Producer Price Index
9:45 Bloomberg Consumer Comfort Index
10:30 EIA Natural Gas Inventory
1:00 PM Results of $16B, 30-Year Note Auction
4:30 PM Money Supply
4:30 PM Fed Balance Sheet
Notable earnings after today's close: AMAT, ANET, EVOK, EXP, JWN, KING, LOCO, SINA, SYMC, WB
And before the open tomorrow: KITE
Today's AAPL pivot points http://i60.tinypic.com/4l4px0.png
New iPhone 7 rumors?
http://stockandfinancewatch.com/2015/05/rumors-fly-about-iphone-7/
More good news on sales.
http://www.marketwatch.com/story/apple-on-pace-to-surpass-quarterly-iphone-expectations-2015-05-14